* Ryvyl Inc reported a quarterly adjusted loss of 76 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -60 cents. The mean expectation of two analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -33 cents to -20 cents per share.
* Revenue fell 27.9% to $12.61 million from a year ago; analysts expected $13.91 million.
* Ryvyl Inc's reported EPS for the quarter was a loss of 76 cents.
* The company reported a quarterly loss of $5.17 million.
* Ryvyl Inc shares had risen by 28.8% this quarter and lost 59.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 32.5% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is "hold."
Wall Street's median 12-month price target for Ryvyl Inc is 5.00 This summary was machine generated from LSEG data November 15 at 02:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.26 -0.76 Missed
Jun. 30 2024 -0.96 -0.59 Beat
Dec. 31 2023 -0.40 -5.43 Missed